Current Affairs - Banking - Discussion
Discussion Forum : Banking - Latest Current Affairs (Q.No. 222)
222.
What is the maximum amount of funds that Union Bank plans to raise through the QIP?
Answer: Option
Explanation:
A Committee of Directors on Raising Capital Funds approved the raising of funds for an amount not exceeding Rs 5,000 crores through the issue of equity shares through Qualified Institutions Placement (QIP), Union Bank stated in a regulatory filing.
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